Episcopal Housing Corporation is located in Baltimore, MD. The organization was established in 1995. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Episcopal Housing Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Episcopal Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Episcopal Housing Corporation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 29.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RESPOND TO GOD'S CALL TO ESTABLISH JUSTICE FOR THOSE MOST IN NEED BY BUILDING AFFORDABLE HOUSING AND CREATING THE FOUNDATIONS FOR HEALTHY AND SUSTAINABLE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING AFFORDABLE HOUISNG AND CREATING THE FOUNDATIONS FOR HEALTHY AND SUSTAINABLE COMMUNITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Mccarthy Executive Director | Officer | 40 | $151,292 |
W Bruce Quackenbush Jr President | Trustee | 3 | $0 |
Alicia Catlos Board Member | Trustee | 1 | $0 |
Adeline Hutchinson Board Member | Trustee | 1 | $0 |
The Rev Kristofer Lindh-Payne Board Member | Trustee | 1 | $0 |
Kenneth Rice Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $530,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $545,998 |
| Total Program Service Revenue | $1,771,218 |
| Investment income | $71,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,388,679 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $459,603 |
| Pension plan accruals and contributions | $9,848 |
| Other employee benefits | $6,555 |
| Payroll taxes | $33,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,018 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,880 |
| Office expenses | $19,402 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $119,053 |
| Travel | $11,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,626 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,497 |
| Insurance | $13,096 |
| All other expenses | $0 |
| Total functional expenses | $1,289,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,189,263 |
| Savings and temporary cash investments | $200,480 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,225,538 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $149,721 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,517 |
| Net Land, buildings, and equipment | $4,462,163 |
| Investments—publicly traded securities | $329,345 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,572,027 |
| Accounts payable and accrued expenses | $72,287 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $18,170 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,962,649 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,053,106 |
| Net assets without donor restrictions | $7,323,921 |
| Net assets with donor restrictions | $1,195,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,572,027 |